LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Costs and Charges

The money you pay when investing.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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